ATC quote · Mar 26, 2025 · 0:53:42
“time. So, basically, somebody went somebody went short, exploited the liquidity pool and the market maker because they didn't have enough liquidity. They they pushed price down while buying on…”
Landy @CryptoLandy
From All Things Crypto: Stickers, $JELLY, GameStop, ghibli Alon, Mar 26, 2025 · Episode page

In context
0:53:38 Dave @DCBK2LA: That's the best you could do after the whole fucking story that I sat here and I read out the entire
0:53:42 Landy @CryptoLandy: time. So, basically, somebody went somebody went short, exploited the liquidity pool and the market maker because they didn't have enough liquidity. They they pushed price down while buying on chain, which pushed price up, And, they flipped their position and and put the market maker in a bad position. And this is an automated market maker. Marty Party, don't come at us. AMMs are not, are not Citadel. Okay? But…
0:55:23 Dave @DCBK2LA: I'm not five anymore. I am not five anymore way way way. Up. And grew up. Yeah. We grew up. And, Mar, the thing that Landy was talking about, ultimately, the thing that they did, the measure they took, was they delisted... Like, this is a DEX. They delisted the token, like, a la Vlad and Robin Hood, GME style, and said, yo. No more trading of this because we are way too exposed right now. They exploited us, and we…
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